Mint Blockchain, the Ethereum L2 network for NFT industry, has completed a US$5 million seed funding round joined by Jsquare, SNZ Capital, Antalpha Ventures, Mask Network, BlockAI Ventures, Predator Capital, GoPlus, Whitelist Ventures, PANONY Group, and individual investors Victor, founder of Smart Token Labs, and Mike, founder of GoPlus. This funding round will be used […]
Blockchain News
Linea blockchain halt highlights slow decentralization of Ethereum L2s
Ethereum layer-2 blockchain Linea’s decision to halt block production after being hacked highlights the need for layer-2 firms to prioritize decentralization sooner rather than later, says Alex Gluchowski, CEO of Matter Labs. On June 2, more than $2.6 million in Ether (ETH) was transferred off Consensys-launched Linea after the hacker managed to exploit Linea-based decentralized exchange Velocore, Linea explained in an […]
Binance Announces June Missions With 2,000,000 Points Up for Grabs
Binance has launched its June Missions, providing users with the opportunity to share in a pool of 2,000,000 Binance Points by completing various tasks, according to Binance. The event will run from May 31, 2024, at 00:00 (UTC) to June 14, 2024, at 23:59 (UTC). During this period, users can participate in various missions to […]
BitMart Announces Strategic Partnership For The Tezos Blockchain
BitMart Exchange has announced a new strategic partnership to support the Tezos blockchain, a prominent Proof of Stake (PoS) blockchain known for its self-upgradable and energy-efficient features. This collaboration marks a significant step in both platforms’ growth and development in the blockchain industry. BitMart Exchange, recognized for its wide range of token listings and robust […]
Blockchain firms Earlyworks and ZenmuTech Collaborate to Create Secure Digital Future
Earlyworks Co., Ltd., a blockchain solution provider known for its high-speed proprietary blockchain technology, Grid Ledger System (GLS), has partnered with ZenmuTech, Inc., a company specializing in data protection through its unique secret splitting technology. This collaboration aims to create a secure digital society where users can utilize their data without concerns about data leakage, […]
CertiK announces CertiK Ventures to boost blockchain development
CertiK, a well-known entity in blockchain security solutions, announced the introduction of CertiK Ventures, a new initiative aiming to support emerging on-chain platforms. CertiK Ventures will focus on promoting “security-first projects,” participating in venture capital (VC) rounds and establishing ecosystem partnerships. Jason Jiang, Chief Business Officer of CertiK, commented on the importance of the initiative […]
Blockchain, AI Could Be Dynamic Duo
Many note that disruptive, innovative technologies intersect with one another; there are examples of the results being compelling for investors and users alike. One pairing that could eventually ascend to that enviable status is artificial intelligence (AI) and blockchain. Knowing about the applications of the AI/blockchain combination and its long-term potential is of course important, […]
Blockchain helps harvesting better avocados in Kenya — Here’s how
Avocado is important for Kenya. Beyond being an essential side dish and a pudding ingredient for the local population, this pear-shaped fruit is also a major contributor to Kenya’s export proceeds. In a global market valued over $15 billion in 2023, Kenya proudly stands as the fourth biggest avocado producer — and the biggest in Africa — thanks to […]
PayPal USD to go live on Solana blockchain
PayPal USD is going live on the Solana blockchain. Users of Solana, the world’s third-most-utilized blockchain, can now use the Paxos-issued PayPal USD to facilitate cross-border transactions, such as remittances, as well as a variety of other transactions, according to a statement from PayPal on Wednesday. PayPal USD first launched on the Ethereum network last […]
European Commission Arm Says Convergence of Blockchain and AI Is ‘Upcoming Trend’ To Watch
European Union (EU) researchers think the convergence of blockchain technology and artificial intelligence (AI) could have “significant potential.” In a new report, the EU’s Blockchain Observatory and Forum (EUBOF), an initiative that monitors distributed ledger developments across the continent, probed the current regulatory status of crypto assets in the 27 EU member states, as well […]